Joint Ukraine-US fund approves first investment

Published March 25, 2026 5:50pm ET



The joint U.S.-Ukraine reconstruction fund has approved its first investment project, selecting Sine Engineering, a Lviv-based duel-use technology producer that operates in communications and navigation.

Ukrainian Prime Minister Yulia Svyrydenko announced the investment, the first since the fund was set up, on Wednesday. Sine Engineering tech, she said, is used by roughly 150 Ukrainian manufacturers of drones and interceptor systems.

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